Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Up 82.8% in January

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 13,347 shares, an increase of 82.8% from the December 31st total of 7,302 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 53,246 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 53,246 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Neuberger Berman Commodity Strategy ETF

Institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its stake in Neuberger Berman Commodity Strategy ETF by 7.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,878,745 shares of the company’s stock worth $113,531,000 after acquiring an additional 340,301 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Neuberger Berman Commodity Strategy ETF by 8,159.1% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 631,654 shares of the company’s stock valued at $14,860,000 after buying an additional 624,006 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of Neuberger Berman Commodity Strategy ETF by 125.0% during the third quarter. Private Advisor Group LLC now owns 163,044 shares of the company’s stock valued at $3,836,000 after buying an additional 90,573 shares during the last quarter. IAG Wealth Partners LLC boosted its holdings in Neuberger Berman Commodity Strategy ETF by 10.5% in the third quarter. IAG Wealth Partners LLC now owns 137,575 shares of the company’s stock worth $3,236,000 after purchasing an additional 13,082 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in Neuberger Berman Commodity Strategy ETF by 52,496.1% in the second quarter. Osaic Holdings Inc. now owns 26,824 shares of the company’s stock worth $597,000 after purchasing an additional 26,773 shares during the last quarter.

Neuberger Berman Commodity Strategy ETF Price Performance

Neuberger Berman Commodity Strategy ETF stock traded down $1.36 during trading hours on Friday, hitting $24.73. The stock had a trading volume of 48,563 shares, compared to its average volume of 57,723. The business’s 50 day simple moving average is $23.94 and its 200-day simple moving average is $23.51. Neuberger Berman Commodity Strategy ETF has a one year low of $20.39 and a one year high of $26.40.

Neuberger Berman Commodity Strategy ETF Company Profile

The Neuberger Berman Commodity Strategy ETF (NBCM) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund is actively managed to provide long and short exposure to the broad commodity market. The fund utilizes a subsidiary to invest in commodity-linked derivative instruments. NBCM was launched on Aug 27, 2012 and is managed by Neuberger Berman.